HomeMy WebLinkAbout1011 •
-
i
_ ~ e
• TLis instrument wan prepared by: 1
Robert A. Burson/pk ~ t
of the Lw O[fice ~ ~
CROMWELL do REAISBN ~ j
First Marine Bank Building 8th Floor ~
5001 Broadway j
• Riviera Beach, Florida 33!04
CODiMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES
f
~~9.~or#~tt~E ~re~r ~ I
THIS MOATGACB INDENTURE etecuted thls 28th d"y °f April ' 19 80 '
by EUGENE R. ANDRE and MARGARET S. ANDRE, his wife.
of the County of~/frC/~a~ ,State of Michigan hereinafter called the Mortgagor, which temr as used in every in-
stance shall include the Mortgagor's heirs, executors, successors, legal representatives, and assigns, including all subsequent grantees, either
voluntarily by act of the parties, or involuntarily by operation of law and shall denote the singular and/or plural, and the masculine aod/oT
feminine aril the natural and/or artificial persons, whenever and wherever the omrtert so requires or admits, ae parties of the first part, and
COMMUNITY FEDERAL SAVINGS AND LOAN ASSOCIATION OF THE PALM BEACHES, a corporation ezisting under the laws ~ the
United States of America, hereinafter called the Mortgagee, which term as -used in every instance shall Include the Mortgagee's successors,
lchal representatives, and assigns, as party of the second part. -
WITNESSETH, That Tor divers good and valuable considerations, and also in consideration of the aggregate sum of money named
in the pr~oissory note of even date herewith, hereinafter described, the Mortgagor does grant, bargain, sell, alien, remise, release, convey.
and confirm unto the Mortgagee, in fee simple, the following described real estate, of which the Mortgagor is now seized and possessed,
and in actual possession, situate in the County ~ $t. Lucie ,State of Florida. to-wit:
Unit 1110, in OCEANA OCEANFRONT CONDOMINIUM II, according to .the Declaration
of -Condominium of Oceans Oceanfront Condominium II, recorded in Official
Record Book 327, Pages 1684 et seq., Public Records of St. Lucie Cotmty,
Florida (the "Declaration of Condominium"), together with an tmdivid~d share j
in the Common Elements appurtenant to such Unit and all other appurtenances
to such Unit as set forth in the Declaration of Condominium.
r~,, 17
I?/ -
In piyn+sttt Of Tana!
RecelvsQ
ouP On Gass "C• 1t~tanpibNPMStatsl~h•
pu•cvant To Chs~ptsr 71.134. AW O~ ~ g• ~
~ I t i 1 ~ I .:IPrS CIrCtlit Cot~rt..~? . ~A~''~ ~r
TOGET)EiER with all structures and improvements now and hereafter on said Lnd and the fi:tnres attached thereto and all r'~,
issues. proceeds, and profits accruing and to accrue from said premises :II of which are Induded within the foregoing description and the
habendum hereof. Also all gas, deem, electric, water and other heating, cooking, refrigerating, lighting, plumbing, ventilating, irrigating
and power systems, machines, appliances. fi:trrres and appurteoanoes, which now or may hereafter pertain to or be used with, in or on said
premises, eves tboug6 they may be detached or detachable.
IT IS MUTUALLY COVENANTED AND AGREED by and between the parties hereto that upon request of the 1?fortgagor, the Mort-
gages may hereafter, at its option, at anytime within twenty (20) yeah from the dabs hereof and before fuD payment of this mortgage
and notes secured hereby, make further advances to the Mortgagor- and any sud? further advances, s~•it6 interr•~st, shall be secured by this
mortgage and shall be evidenced by an additional note then unpaid, and the total amount of Indebtedness that may be secrrrerl by this wort-
gage may decrease or increase from tune to time, but the total unpaid bahurce so secured at any one time shaD not exceed the mauimum
principal sum of = 62,500.00 ,together with interest thereon and any and all disbursements made by the Mortgagee for the pay-
ment of to:es, levies, or insurance on the property covered by the lien of thLt mortgage with interest on such dubrusements at the rate specs-
Pied in the note referred to in this mortgage, and Eor reasonable attorney': fees and court coats incurred in the collection of any or all of
such sums of money. '
i
a
11~
g~~ PF~iC1~ aezunx ro LVS•rar»cs;.vr psersasa
_